It is not only large export companies that are experiencing the
effects of a strong rand; the mining industry in South Africa is
slowing down and mining equipment suppliers are increasingly
looking outside the country’s borders for new supply
contracts.
“As projects in South Africa are shelved or put on hold due
to the strong currency, mining projects on the continent are
obviously unaffected by the rand and, in fact, the growth of active
and feasible mining projects outside Southindia mining crushers price Africa is far outrunning
the situation at home,” informs Projects IQ sales manager
Carl van Eyssen. “Currently, 20 out of 35 active projects,
and 100 out of 193 feasible projects, are outside South
coal crushers power plantsAfrica.” Hence, there is a growing need for mining equipment
suppliers to have a broad picture of what projects are happening on
the continent. Whereas in South Africa this may have been a simpler
task, the job ocopper cone crusherf sourcing details about active and feasible
projects in foreign countries is time-consuming and
challenging.
Projects IQ, an independent mining industry project intelligence
company, tracks all significant mining-related projects from
feasibility phase through to active phase throughout sub-Saharan
Africa, including South Africa. “The service provided is
essential for companies who want to know where and what projects
are going on, the minerals involved, ownership of the mines, as
well as correct contacts within the mines and who has been
appointed as project engineers,” Van Eyssen says. “On a
daily basis, Projects IQ updates the database with new projects and
alerts customers to any updates, or additions to data.”
Information gathered by Projects IQ’s research team and
provided to its customer base includes a description of both
proposed and active projects, their estimated value, location, key
role players and contact details, as well as project status –
from desktop study phase through to the project going active.
For a quick overview of current mining projects from both
feasibility and active phase, Projects IQ offers customers a hard
copy or CD-Rom detailing the research, for which a flat fee is
paid, while a daily update service keeps customers 100% in the
know, for which a monthly charge is levied.